Tuesday, 16 September 2014
Last updated 33 min ago
Oct 20 2008 | 1:15pm ET
NewAlpha, a French alternative investments incubation shop, has entered into its eleventh seeding agreement, a US$50 million investment in a portfolio managed by Concerto Asset Management.
Concerto, based in Charlotte, N.C., is a multi-strategy shop with a focus on the U.S. corporate credit asset class. The firm is headed by CEO and chief investment officer Julie Bouhuys, who most recently as head of fixed-income credit products at Wachovia Corp.
The firm will invest primarily in U.S. leveraged loans and distressed investments, but its investment scope may also incorporate other credit asset classes. Its investing style balances fundamental credit analysis, relative value analysis and active portfolio management.
NewAlpha was established in 2003 by the ADi group, an independent French alternative fund manager founded in 1998 by Erich Bonnet and Christophe Bourret. It has currently approximately US$400 million under advisory.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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